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OC

91.72USD+1.63(+1.81%)Delayedas of 02 Dec 2022, 03:28 pm

Owens Corning

Market Summary

USD91.72+1.63Delayedas of 02 Dec 2022, 03:28 pm
1.81%

OC Alerts

OC Stock Price

RSI Chart

Valuation

Market Cap

8.1B

Price/Earnings

6.06

Price/Sales

0.85

Price/Cashflow

5.73

MarketCap/EBT

4.64

Price/Sales

Profitability

EBT Margin

18.27%

Return on Equity

28.84%

Return on Assets

12.54%

Fundamentals

Revenue

Revenue (TTM)

9.6B

Revenue Y/Y

14.28%

Revenue Q/Q

-2.77%

Earnings

Earnings (TTM)

1.3B

Earnings Y/Y

80.77%

Earnings Q/Q

37.03%

Price Action

52 Week Range

72.97101.12
(Low)(High)

Last 7 days

-1.1%

Last 30 days

5.4%

Last 90 days

11.8%

Trailing 12 Months

6.6%

Financial Health

Current Ratio

1.77

Debt/Equity

0.64

Debt/Cashflow

0.48

Investor Care

Dividend Yield

1.39%

Dividend/Share (TTM)

1.13

Buy Backs (1Y)

7.00%

Diluted EPS (TTM)

13.6

Peers (Alternatives to Owens Corning)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
40.4B
25.3B
15.34% -9.22%
38.88
1.62
6.89% -6.41%
33.8B
20.4B
13.15% -14.91%
12.13
1.65
1.87% 10.82%
10.6B
8.8B
14.06% -19.47%
12.32
1.21
6.89% 82.03%
MID-CAP
9.9B
3.0B
-17.63% -20.50%
25.95
3.29
40.62% 66.48%
8.5B
4.6B
14.32% -10.10%
17.38
1.84
10.76% -1.20%
8.1B
9.6B
5.39% 6.57%
6.06
0.85
15.86% 34.40%
7.9B
8.0B
9.67% -32.36%
10.49
0.98
9.41% 3.75%
3.7B
2.1B
9.66% -18.97%
11.12
1.94
42.14% 52.99%
3.1B
6.1B
0.94% 49.18%
2.76
0.5
15.35% -18.06%
SMALL-CAP
1.7B
2.8B
9.84% 50.69%
7.05
0.68
25.45% -341.83%
1.6B
1.4B
-2.03% -27.83%
19.91
1.17
12.82% 27.77%
1.3B
1.5B
-6.67% -3.52%
19.11
0.95
34.94% 289.47%
1.1B
5.0B
22.70% -28.88%
3.11
0.22
50.30% 91.36%
1.0B
1.5B
6.59% 17.36%
18.63
0.7
14.40% 1423.84%
529.6M
826.8M
14.96% -25.37%
4.24
0.64
40.00% 87.68%

Financials for Owens Corning

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue3.4%9,6079,2918,9298,4988,292
Gross Profit3.9%2,6052,5082,3922,2172,142
Operating Expenses-13.7%747866812779755
  S&GA Expenses2.6%781761744731
  R&D Expenses5.2%10196949186
Earnings Before Taxes14.9%1,7551,5271,4591,3131,258
Net Income18.5%1,3441,1341,0899951,000
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets1.7%10,72110,54310,31610,0159,981
  Current Assets-3.3%3,5673,6893,4313,0973,143
    Cash Equivalents-6.4%758810748959920
  Inventory5.4%1,3221,2541,1471,078949
  Net PPE-0.7%3,6603,6843,8253,8733,767
  Goodwill26.7%1,3671,079983990995
Liabilities1.3%6,0355,9565,680--
  Current Liabilities2.0%2,0141,9741,9991,6971,686
  Long Term Debt0.0%2,9882,9892,9592,9602,958
Shareholder's Equity2.7%4,6614,5404,3414,2964,210
  Retained Earnings13.3%3,7193,2822,9742,7062,515
  Additional Paid-In Capital0.4%4,1244,1074,0914,0924,076
Shares Outstanding-0.5%9898100102-
Minority Interest-4.5%2122243939
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-0.4%1,4201,4251,4571,5031,586
  Share Based Compensation2.0%5251505046
Cashflow From Investing-40.5%-708.00-504.00-344.00-377.00-343.00
Cashflow From Financing15.2%-840.00-990.00-972.00-881.00-968.00
  Dividend Payments5.7%13012388108107
  Buy Backs5.3%671637657570657

Risks

What is the probability of a big loss on OC?

61.1%


Probability that Owens Corning stock will be more than 20% underwater in next one year

44.6%


Probability that Owens Corning stock will be more than 30% underwater in next one year.

31.5%


Probability that Owens Corning stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does OC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Owens Corning was unfortunately bought at previous high price.

Returns

Cumulative Returns on OC

11.5%


10-Year Cumulative Returns

11.4%


7-Year Cumulative Returns

2.0%


5-Year Cumulative Returns

12.4%


3-Year Cumulative Returns

What are the long-term rolling returns for OC?

FIve years rolling returns for Owens Corning.

Which funds bought or sold OC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
ADDED
85.63
224,000
456,000
0.47%
2022-11-23
Eagle Bay Advisors LLC
UNCHANGED
-
2,414
47,000
0.03%
2022-11-23
Toroso Investments, LLC
NEW
-
218,000
218,000
0.01%
2022-11-23
Gould Capital, LLC
UNCHANGED
-
-
16,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,330,000
1,330,000
0.02%
2022-11-22
CVA Family Office, LLC
REDUCED
-0.37
5,000
106,000
0.03%
2022-11-22
National Asset Management, Inc.
SOLD OFF
-100
-342,000
-
-%
2022-11-21
FourThought Financial, LLC
UNCHANGED
-
1,000
12,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-2.84
328,000
12,090,000
0.02%
2022-11-18
RIVER & MERCANTILE ASSET MANAGEMENT LLP
REDUCED
-26.67
-2,028,000
7,009,000
1.34%

1–10 of 45

Latest Funds Activity

Are funds buying OC calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own OC

Owens Corning News

InvestorsObserver

Does Owens Corning (OC) Have What it Takes to be in Your Portfolio Friday?.2 hours ago

OC Fair Value

Owens Corning fair value in different scenarios

The table shows the Fair Value estimates for Owens Corning for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

143.69

56.66%

194.06

111.58%

244.58

166.66%

313.82

242.15%

373.50

307.22%

Current Inflation

132.16

44.09%

175.01

90.81%

216.82

136.39%

275.68

200.57%

325.59

254.98%

Very High Inflation

117.98

28.63%

152.18

65.92%

184.28

100.92%

231.34

152.22%

270.36

194.77%

Historical Owens Corning Fair Value Estimates


Recent SEC filings of Owens Corning

View All Filings
Date Filed Form Type Document
Nov 29, 2022
4
Insider Trading
Nov 07, 2022
4
Insider Trading
Nov 07, 2022
4
Insider Trading
Nov 07, 2022
4
Insider Trading
Nov 07, 2022
4
Insider Trading
Nov 07, 2022
4
Insider Trading
Nov 07, 2022
4
Insider Trading
Nov 07, 2022
4
Insider Trading
Nov 07, 2022
4
Insider Trading
Nov 07, 2022
4
Insider Trading

Latest Insider Trading transactions for OC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-28
Sandri Marcio A
ACQUIRED
151,776
42.16
3,600
President, Composites
2022-11-28
Sandri Marcio A
SOLD
-324,216
90.06
-3,600
President, Composites
2022-11-03
SMITH DANIEL T
ACQUIRED
-
-
96.595
EVP and Chief Growth Officer
2022-11-03
Lonergan Edward F
ACQUIRED
-
-
170.938
-
2022-11-03
Williams John David
ACQUIRED
-
-
192.873
-
2022-11-03
Fister Todd W
ACQUIRED
-
-
5.851
President, Insulation
2022-11-03
FESTA ALFRED E
ACQUIRED
-
-
25.651
-
2022-11-03
Mannen Maryann T.
ACQUIRED
-
-
89.412
-
2022-11-03
Nimocks Suzanne P
ACQUIRED
-
-
88.983
-
2022-11-03
CORDEIRO EDUARDO E
ACQUIRED
-
-
41.17
-

1–10 of 50

Brian D. Chambers
20000
Owens Corning manufactures and markets insulation, roofing, and fiberglass composite materials in the United States, Canada, Europe, the Asia Pacific, and internationally. It operates in three segments: Composites, Insulation, and Roofing. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber; and glass fiber products in the form of fabrics, non-wovens, and other specialized products. Its products are used in building structures, roofing shingles, tubs and showers, pools, flooring, pipes and tanks, poles, electrical equipment, and wind-energy turbine blades applications in the building and construction, renewable energy, and infrastructure markets. This segment sells its products directly to parts molders, fabricators, and shingle manufacturers. The Insulation segment manufactures and sells insulation products for residential, commercial, industrial, and other markets for thermal and acoustical applications; and glass fiber pipe insulation, flexible duct media, bonded and granulated mineral fiber insulation, cellular glass insulation, and foam insulation products used in construction applications. This segment sells its products primarily to the insulation installers, home centers, lumberyards, retailers, and distributors under the Thermafiber, FOAMULAR, FOAMGLAS, Paroc, Owens Corning PINK, and FIBERGLAS Insulation brand names. The Roofing segment manufactures and sells aminate and strip asphalt roofing shingles, oxidized asphalt materials, and roofing components used in residential and commercial construction, and specialty applications, as well as synthetic packaging materials. This segment sells its products through distributors, home centers, lumberyards, retailers, and contractors, as well as to roofing contractors for built-up roofing asphalt systems; and manufacturers in automotive, chemical, rubber, and construction industries. Owens Corning was incorporated in 1938 and is headquartered in Toledo, Ohio.

OC Income Statement

2022-09-30
CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
NET SALES$ 2,529$ 2,213$ 7,476$ 6,367
COST OF SALES1,8361,6175,4304,709
Gross margin6935962,0461,658
OPERATING EXPENSES    
Marketing and administrative expenses201186586548
Science and technology expenses26217363
Gain on equity method investment(130)0(130)0
Other income, net(12)(3)(18)(68)
Total operating expenses85204511543
OPERATING INCOME6083921,5351,115
Non-operating income(2)(2)(6)(8)
EARNINGS BEFORE INTEREST AND TAXES6103941,5411,123
Interest expense, net28318297
Loss on extinguishment of debt0909
EARNINGS BEFORE TAXES5823541,4591,017
Income tax expense11494340250
Equity in net earnings (loss) of affiliates1(1)00
NET EARNINGS4692591,119767
Net (loss) earnings attributable to non-redeemable and redeemable noncontrolling interests(1)(1)2(1)
NET EARNINGS ATTRIBUTABLE TO OWENS CORNING$ 470$ 260$ 1,117$ 768
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO OWENS CORNING COMMON STOCKHOLDERS    
Basic (in dollars per share)$ 4.88$ 2.52$ 11.42$ 7.36
Diluted (in dollars per share)$ 4.84$ 2.50$ 11.32$ 7.30
WEIGHTED AVERAGE COMMON SHARES    
Basic (in shares)96.3103.197.8104.4
Diluted (in shares)97.1103.998.7105.2

OC Balance Sheet

2022-09-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
CURRENT ASSETS  
Cash and cash equivalents$ 751$ 959
Receivables, less allowance of $10 at September 30, 2022 and $9 at December 31, 20211,304939
Inventories1,3221,078
Other current assets190121
Total current assets3,5673,097
Property, plant and equipment, net3,6603,873
Operating lease right-of-use assets182158
Goodwill1,367990
Intangible assets1,6771,617
Deferred income taxes1731
Other non-current assets251249
TOTAL ASSETS10,72110,015
CURRENT LIABILITIES  
Accounts payable1,3201,095
Current operating lease liabilities5149
Other current liabilities643553
Total current liabilities2,0141,697
Long-term debt, net of current portion2,9882,960
Pension plan liability5677
Other employee benefits liability152157
Non-current operating lease liabilities132109
Deferred income taxes398376
Other liabilities295304
Total liabilities6,0355,680
Redeemable noncontrolling interest250
OWENS CORNING STOCKHOLDERS’ EQUITY  
Preferred stock, par value $0.01 per share[1]00
Common stock, par value $0.01 per share[2]11
Additional paid in capital4,1244,092
Accumulated earnings3,7192,706
Accumulated other comprehensive deficit(776)(581)
Cost of common stock in treasury[3](2,428)(1,922)
Total Owens Corning stockholders’ equity4,6404,296
Noncontrolling interests2139
Total equity4,6614,335
TOTAL LIABILITIES AND EQUITY$ 10,721$ 10,015
[1]10 shares authorized; none issued or outstanding at September 30, 2022 and December 31, 2021
[2]400 shares authorized; 135.5 issued and 94.7 outstanding at September 30, 2022; 135.5 issued and 100.4 outstanding at December 31, 2021
[3]40.8 shares at September 30, 2022 and 35.1 shares at December 31, 2021